LTP: Rs 438.75
As per JM Financial, investors can ‘Buy’ JSW Energy shares for a target price of Rs 500 apiece. On a year-to-date (YTD) basis, the stock has jumped 49.46%. “Our positive view of the company extends beyond strategy to its proven execution capabilities, viz., expeditious execution of Kutehr Hydropower project, quick turnaround of Mytrah’s wind assets, and likely faster commissioning of the Utkal power project. We expect the company’s Revenue/EBITDA to cross Rs 20,000 crore/10,000 crore mark in FY26E, registering a 3-year Revenue/EBITDA/PAT CAGR of 27%/46%/36% over FY23-26E. We upgrade our rating from Hold to Buy,” it stated
Source: businesstoday.in